Moneycontrol PRO
you are here: HomeNewsEconomy

Cottonseed oil cake futures fall on soft demand

On the National Commodity and Derivatives Exchange, cottonseed oil cake contracts for August delivery fell by Rs 80 or 2.96 per cent to Rs 2,626 per quintal with an open interest of 45,540 lots.

July 29, 2022 / 02:26 PM IST

Cottonseed oil cake prices on Friday declined by Rs 80 to Rs 2,626 per quintal in futures trade as participants reduced their bets tracking a weak trend in spot market.

On the National Commodity and Derivatives Exchange, cottonseed oil cake contracts for August delivery fell by Rs 80 or 2.96 per cent to Rs 2,626 per quintal with an open interest of 45,540 lots.

Analysts said sell-off by participants at existing levels amid subdued trend in market mainly weighed on cottonseed oil cake prices.
PTI
first published: Jul 29, 2022 02:26 pm
Sections
ISO 27001 - BSI Assurance Mark